The volume on offer equals roughly 16% of Nuclearelectrica’s electricity production estimated for this year, of 10.54 million MWh.
The auction is scheduled for January 23, while the electricity will be delivered between February 1, 2014 and December 31, 2015.
Nucleareletrica is controlled by the state, through the Energy Department. The company operates two 700-megawatt reactors at its Cernavoda plant, covering around 20% of Romania’s energy consumption. (EUR1=RON4.5301)